Pennyhill Lane house price trends

The scatter plot below reveals the house price trend for Pennyhill Lane. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only B71 3RW . The blue circles represent individual sales. You can touch or click on each blue dot to see more detail about the specific sales.

View data in table form

There are approximately 48 homes on Pennyhill Lane, we would have expected approximately 6 sales each year given that in the UK people sell their homes on average once every 7 years.
In the last 4 years there have been 12 property sales in Pennyhill Lane with 0 sold as new, averaging approximately 3 home sales per year . The average price per square metre (per square foot) in Pennyhill Lane, West Bromwich is £3,040 sqm (£282 per sq ft), this is from the price paid of the 12 most recent sales.
The majority of homes in West Bromwich are now selling for between £2,180 and £3,390 per square metre (£202 and £314 per square foot) , find out more in this local analysis of B71 3 (West Bromwich) house prices.
The average size of all the properties on Pennyhill Lane is 104 m2 (1,119 sqft).